This property looks like a bad Mid-Term investment with a projected -1.79% first-year return on $112k initial cash invested.
-1.79%
Cash On Cash
6.65%
Cap Rate
1
DSCR
$4,384
Rent
-$167
Cashflow
Cash Flow
$4,384 income − $4,551 expenses = $167 out of pocket
Investment Breakdown
|
Purchase Price
$446k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$112k
Downpayment
20%
$89,280
Closing costs
1%
$4,464
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,384
Total Expenses
$4,551
Mortgage P&I
56%
$2,464
Property Taxes
10%
$438
Home Insurance
4%
$159
HOA
0%
$0
Property Management
12%
$526
CapEx
4%
$175
Vacancy
3%
$132
Maintenance
4%
$175
Other
11%
$482